GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ALM Equity AB (OSTO:ALM) » Definitions » Inventory Turnover

ALM Equity AB (OSTO:ALM) Inventory Turnover : 0.10 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is ALM Equity AB Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. ALM Equity AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr206 Mil. ALM Equity AB's Average Total Inventories for the quarter that ended in Mar. 2024 was kr2,105 Mil. ALM Equity AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ALM Equity AB's Days Inventory for the three months ended in Mar. 2024 was 932.43.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. ALM Equity AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 8.73.


ALM Equity AB Inventory Turnover Historical Data

The historical data trend for ALM Equity AB's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ALM Equity AB Inventory Turnover Chart

ALM Equity AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.51 0.48 1.11 0.79

ALM Equity AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.32 0.06 0.33 0.10

ALM Equity AB Inventory Turnover Calculation

ALM Equity AB's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=2144 / ((3313 + 2118) / 2 )
=2144 / 2715.5
=0.79

ALM Equity AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=206 / ((2118 + 2092) / 2 )
=206 / 2105
=0.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ALM Equity AB  (OSTO:ALM) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

ALM Equity AB's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2105/206*365 / 4
=932.43

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

ALM Equity AB's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2105 / 241
=8.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


ALM Equity AB Inventory Turnover Related Terms

Thank you for viewing the detailed overview of ALM Equity AB's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


ALM Equity AB (OSTO:ALM) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 59, Stockholm, SWE, 111 56
ALM Equity AB is a real estate development company. The company is engaged in residential development projects, construction management, financing solutions and digital services.

ALM Equity AB (OSTO:ALM) Headlines

From GuruFocus

ALFI Inc: A Little Known Yet Compelling Ad-Tech Play

By Ishan Majumdar Ishan Majumdar 05-07-2021

Alfi: Solid Growth Potential Lies Ahead

By Ishan Majumdar Ishan Majumdar 06-02-2021